A simplified ratio may always be a rate.
It is $2000.04 for that one savings account
Answer:
I believe it's B.Let me know if it's right,if it not,i'm so sorry
Step-by-step explanation:
Answer:
- attached graph
- Horizontal Asymptote: y = 5
- twon whole number points are (4,4) and (5,1)
Step-by-step explanation:
- Exponential functions have a horizontal asymptote. The equation of the horizontal asymptote
y = -4^(x-4) + 5
= -4^(4-4) + 5
= -4^(0) + 5
= -1 + 5
= 4
y = -4^(x-4) + 5
= -4^(5-4) + 5
= -4^(1) + 5
= -4 + 5
= 1
The worth of the car in 10 years is $1,831.67 using an exponential equation approach.
What is an exponential equation?
An exponential equation is the one with exponents such X^3(the 3 is the exponent)
The exponential equation required here is the one where the future value would be lower than current value because the car reduces in value year-in-year-out.
FV=PV*(1-r)^N
FV=future worth of the car
PV=today's value=$25,000
r=depreciation rate=-23%
N=number of years=10
The fact that r is negative means the car is depreciating not appreciating.
FV=$25,000*(1-23%)^10
FV=$1,831.67
Find further explanation on exponential equation below in the link:
brainly.com/question/11832081
#SPJ1
